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Hi. When considering your trading name. It may be worth thinking about a name that can be supported via an image for van, stationary etc. As this form of marketing works by informing potencial clients of your services pictorially.
 
I live in telford and im a trainee plumber , wrekin housing trust is an housing association , telford and wrekin are the council so you would be alright using that name .
 
Wrekin? It's only 2 letters away from wrecking,not a great word to be using when working in peoples houses!

Maybe I'm just being picky now!!
 
SafeGasInstall - is actually my trading name,but when people call they don't even mention my business name ......they just ask for my name
 
hi all and happy new year !!


well a new year and new venture for me,,, self employment

have set my bank account up etc and need a name for my business, was orignally thinking of just using my name, ie C.Dodds gas heating services or something along them lines but im not sure but should i go for a proper name to make it look more like a bigger business or stick with my name so people no i am a sole trader??

any advice apreciated

what bank did you open a business account with ?

I think I'm going to go with Santander, I've heard they offer free business banking forever and you only get charged if you cash in more than 300 cheques a month ?
 
I'm using the free banking with Santander, you get what you pay for! There is no counter service, you have to deposit everything at the cashpoint, can be a pain as the machines don't give envelopes out. I think I've been in complaining at this restriction more than I've used the cashpoint and they end up taking it over the desk, as I say to them, way restrict the money going into the account! Lucky most my customers pay using direct transfer. If I had a larger turnover I'd move to a paid dervice with more features, but for starting out its great.
 
im using hsbc they offerd me 24 months free banking then after 24 months there is still a option to keep it free if you dont cash in over 2k a month in cash and 40 cheques i think the figures were! but tbh 24 months free sounded good i bank with them personally also, so all in the same place for convienience for me,,

and as for wrekin it is pronounced reekin but everybody local knows its the area name like tyne and wear is to newcastle so nobody would think of it as a smell, lol
 
No one has mentioned it yet, but before you choose a name, check it's availabilty as a web address. You will eventually grow and require a website, so it makes sense to incorporate your name into it.

I don't like the name I chose, lacks imagination but I'm stuck with it now. I have a better choice if I were ever to change it, but can't see myself ever doing so...unless I move country which has always been at the back of my mind.
 
hi all and happy new year !!


well a new year and new venture for me,,, self employment

have set my bank account up etc and need a name for my business, was orignally thinking of just using my name, ie C.Dodds gas heating services or something along them lines but im not sure but should i go for a proper name to make it look more like a bigger business or stick with my name so people no i am a sole trader??

any advice apreciated

Hi mate im after seting up a business account as well was it hard to do and what did you need to set it up and do you get charged yearly or is it free
 
Any major High Street bank will offer you a business account with free banking facilities for the first year. You can either apply online, or call it a local branch of your choosing.

I favour my current bank which is Lloyds TSB.
 
Any major High Street bank will offer you a business account with free banking facilities for the first year. You can either apply online, or call it a local branch of your choosing.

I favour my current bank which is Lloyds TSB.

Hi mate what do i need to open the account this is all new to me
 
Hi mate im after seting up a business account as well was it hard to do and what did you need to set it up and do you get charged yearly or is it free
It's not hard but some likely questions you'll need to answer are:


  • What's the name of your business?
  • Address of your business (where will you be trading from)?
  • What kind of business is it (if it's services then is it domestic, commercial or both)?
  • Are you a sole trader or is it a Ltd company?
  • Do you have or need a van?
  • How many emloyees?
  • How much have you spent on the business so far?
  • What's your estimated turnover for the next 12 months?
  • Will you be accepting payments via cash, cheque or by electronic means?
  • Will you be looking for a loan?
  • Will you be looking to purchase Liability Insurance?

Off the top of my head that's what I recall being asked.

Oh yeah, and 'Are you qualified?'
 
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Just call in to your local branch and fill out the application form. They'll ask for ID such as pasport/driving license and proof of residence such as a recent utility bill. It's very straight forward and easy to do.
 
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Just call in to your local branch and fill out the application form. They'll ask for ID such as pasport/driving license and proof of residence such as a recent utility bill. It's very straight forward and easy to do.

Cheers mate
 

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